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Najarian Brothers Highlight Unusual Options Activity In Activision Blizzard, Cronos Group

Craig Jones

On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusual options activity in Activision Blizzard, Inc. (NASDAQ: ATVI). He noticed that options traders were buying the October $55 calls in the name for 60 cents. The trade breaks even at $55.60 or 0.29% above the current stock price.

See Also: How Large Ford Option Traders Are Reacting To Disappointing Earnings

Jon Najarian saw unusual activity in Aimmune Therapeutics Inc (NASDAQ: AIMT). When the stock was trading at $25, options traders began buying the December $30 calls. Najarian jumped in and he is going to hold the position for two months.

Cronos Group Inc (NASDAQ: CRON) was also active on Thursday. Somebody bought more than 10,000 contracts of the October $9 calls, said Jon Najarian. He followed the trade and since these calls expire on Friday, he is going to hold them for a day.

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